Clifford Chance

The EU financial services legislative pipeline

8 January 2024

The EU legislators are working to agree the remaining proposals in the financial services legislative pipeline before the end of the current legislative cycle. So far, the 2019-24 Commission has proposed 63 legislative acts on financial services and cross-cutting issues particularly relevant to financial services, out of which the European Parliament and the Council have adopted 23 acts and agreed or provisionally agreed the text of 15 other acts.

Work on the outstanding proposals will intensify in the lead up to the Parliament elections in June 2024 and the next Commission taking office in October 2024 (although some proposals may be carried over to be agreed under the next Parliament and Commission). The Commission may still submit additional proposals as it continues to work on other delayed and future measures.

This briefing sets out a timeline showing the state of play on the legislative proposals in the pipeline and provides an inventory of pending proposals and adopted acts, as well as an indicative list of delayed and possible future legislative proposals. 

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